Category Archives: CERN

Cerner Corp.

Posted on November 13, 2015 by | Leave a comment

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Posted in CERN, downside, Edson Gould, speed resistance line, SRL

Nasdaq 100 Watch List: May 8, 2015

Posted on May 10, 2015 by | Leave a comment

Performance Review

Below is the performance of the Nasdaq 100 watch list from May 9, 2014:

Symbol Name 2014 2015 % change
DISCA Discovery Comm. 37.33 31.33 -16.07%
BBBY Bed Bath & Beyond Inc. 61.31 71.44 16.52%
ISRG Intuitive Surgical, Inc. 353.06 494.32 40.01%
NTAP NetApp, Inc. 34.19 35.65 4.27%
EBAY eBay Inc. 50.54 58.82 16.38%
ALTR Altera Corp. 32.38 44.46 37.31%
WFM Whole Foods Market, Inc. 39.32 42.58 8.29%
SIRI Sirius XM Holdings Inc. 3.16 3.87 22.47%
VRSK Verisk Analytics, Inc. 60.53 73.66 21.69%
COST Costco Wholesale 115.39 145.88 26.42%
LMCA Liberty Media Corp. 34.18 37.93 10.97%
SRCL Stericycle, Inc. 113.90 134.01 17.66%
CERN Cerner Corporation 50.19 68.02 35.53%
CA CA Technologies 29.41 31.60 7.45%

The average gain of the entire list was +17.78% while the top five stocks (DISCA, BBBY, ISRG, NTAP, EBAY) gained an average of +12.22%.  This compares with the gain for the Nasdaq 100 index of +23.41% in the same 1-year time period.

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As has frequently been the case, analyst expectations were too optimistic for stocks on the far right (DISCA, CA, CERN, SIRI, NTAP) where the average gains of +10.73%.  Likewise, the view was too pessimistic for stocks on the far left (LMCA, ISRG, WFM, COST, BBBY) which averaged +20.44% in the above chart.

The absolute change in Liberty Media (LMCA) and Intuitive Surgical (ISRG) was the most extreme.  Liberty Media saw its p/e ratio expand from 20 to 72 while ISRG’s p/e ratio increased from 26 to 39.  The increase in the p/e ratio should be expected with the increase in price.  However, value oriented investors would have overlooked these stocks simply because of the high p/e ratios and the expectation of lower earnings by analysts in 2014.

Watch List: May 8, 2015

Below are the Nasdaq 100 stocks of interest:

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Posted in ALTR, BBBY, CA, CERN, COST, DISCA, EBAY, ISRG, LMCA, Nasdaq 100 Watch List, NTAP, SIRI, SRCL, VRSK, WFM

Nasdaq 100 Watch List: April 24, 2015

Posted on April 26, 2015 by | Leave a comment

Performance Review

Below is the performance of our April 25, 2014 watch list.

Symbol Name 2014 2015 % chg
BBBY Bed Bath & Beyond Inc. 62.48 72.53 16.09%
CTRX Catamaran Corporation 38.95 59.56 52.91%
SIRI Sirius XM Holdings Inc. 3.12 3.96 26.92%
NTAP NetApp, Inc. 35.00 36.12 3.20%
ISRG Intuitive Surgical, Inc. 366.37 505.92 38.09%
DISCA Discovery Comm 39.14 32.71 -16.43%
VRSK Verisk Analytics, Inc. 57.81 72.68 25.72%
COST Costco Wholesale 115.01 148.12 28.79%
ALTR Altera Corp. 33.09 40.89 23.57%
SRCL Stericycle, Inc. 113.96 136.94 20.16%
CERN Cerner Corporation 49.51 73.32 48.09%
ROST Ross Stores Inc. 67.77 104.38 54.02%
MAT Mattel, Inc. 37.99 30.20 -20.51%
DLTR Dollar Tree, Inc. 51.36 81.14 57.98%

The average return for the entire list was +25.62% compared to the Nasdaq 100 index gaining +28.41% in the same period of time.  The top five stocks on our list (BBBY, CTRX, SIRI, NTAP, ISRG) gained +27.44% in the last year (excluding dividends).

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As is common with our watch lists, a stock is being acquired at what we believe is a premium.  CTRX is being acquired by UnitedHealth (UNH), a Dow Jones Industrial Average component.  At the time of our watch list last year, CTRX was within 3% of the low.  Additionally, the announcement of the purchase by UNH followed the pattern of many companies buying the intended target after a gain over of +24% within the year and +177% within the last 5 years.

Nasdaq 100 Watch List: April 24, 2015

Below are the 9 Nasdaq 100 stocks that we think are worth your consideration:

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Posted in ALTR, BBBY, CERN, COST, CTRX, DISCA, DLTR, ISRG, MAT, Nasdaq 100 Watch List, NTAP, ROST, SIRI, SRCL, VRSK

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